Markets Start Higher As Greece Burns
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This morning, the S&P 500 Index e-mini futures (ES H2) are trading higher by 9.00 points to 1349.50 per contract. The catalyst for the early morning rally is once again the second bailout of...
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This morning, the S&P 500 Index e-mini futures (ES H2) are trading higher by 9.00 points to 1349.50 per contract. The catalyst for the early morning rally is once again the second bailout of Greece. Over the weekend, the Greek prime minister won a confidence vote by the Greek parliament. This news has caused the U.S. Dollar Index to decline and when that happens the stock markets inflate higher. Greece has experienced rioting, looting, and countless fires this past weekend. All of the leading European stock indexes are trading higher this morning.
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